Prime Minister Narendra Modi said for reaching agreement on the G-20 high level principles for a secure, trusted, and resilient digital economy and said that India's digital public infrastructure offers scalable, secure, and inclusive solutions for global concerns.
“A solution that succeeds in India, can be easily applied anywhere in the world. India is ready to share its experiences with the world. We offered our CoWIN platform for global good during the Covid pandemic. We have now created an online Global Public Digital Goods Repository, the India Stack. This is to ensure that no one is left behind. Especially our brothers and sisters from the global south,” Modi said in his video message at the G20 digital economy ministers’ meet in Bengaluru.
He said it is home to every religion and innumerable cultural practices from around the world. “From ancient traditions to the latest technologies, India has something for everyone,” the PM asserted and added that with such diversity, India is an ideal testing lab for solutions.
Modi brought up India's 850 million internet users, who benefit from some of the lowest data costs in the world, to highlight the size, speed, and scope of this transition. Modi spoke about using technology to change governance and make it more effective, inclusive, quick, and transparent, using Aadhaar India's distinctive digital identity programme, which serves more than 1.3 billion people, as an example.
He mentioned the JAM trinity Jan Dhan bank accounts, Aadhaar and Mobile - that revolutionised financial inclusion and the UPI payment system where nearly 10 billion transactions take place every month while 45% of the global real time payments happen in India.
“Technology has connected us like never before. It holds the promise for inclusive and sustainable development for all. We, in G20, have a unique opportunity to lay the foundations for an inclusive, prosperous and secure global digital future. We can advance financial inclusion and productivity through digital public infrastructure. We can promote the use of digital technology by farmers and small businesses. We can establish the framework to build a global digital health ecosystem. We can also develop a framework for safe and responsible use of Artificial Intelligence,” said the PM.